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will be the united states of america. >> romney made his concession speech before his supporters in boston. the loss ends a six-year quest for the presidency for the former massachusetts governor. he lost the republican nomination to john mccain in 2008. romney wished president obama well, but also noted the deep divide amongst the parties in washington and urged leaders to work together. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. our lead verse to reach across the aisle to do the people's work. >> while the electoral college makes this win look far more decisive than the popular vote, that is just one of the quirks of the u.s. electoral voting system that many people worldwide have been learning about. 303, the number of delegates that he has to romney's 206. despite the very close popular vote, again, the electoral college votes make it much more decisive. florida remains a toss-up. clearly not going to make a difference to the overall outcome. 270, that was the number to reesm we knew once we started to get the
. dallas, fort worth, where i live to boston, philadelphia and new york city, nonstop, $139. that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale, those are the three that i would look at. after january 7, again. and then in europe. this is my best deal. i swear. i cannot believe it is this good. $516 in fuel surcharges. this gives you two continents. asia and europe all in the same trip. it is in -- in -- round trip all taxes included. new york and boston, $500. dagen: one quick thing, though, why are they offering the deals? are bookings falling off the cliff made january? >> there is a lot of us who have to travel during the holidays. there is a bunc
the matters as we count down to the closing bell. >>> boston market on the business of thanksgiving. much more "squawk on the street" straight ahead. nobody said an inkjet had to be slow. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. ♪ >>> about six minutes before the opening bell rings on wall street. let's bring in art cashin of the ubs financial services. on the day of the rally we had great headlines about the fiscal cliff. today there might be speed bumps and we're looking to open lower. looks like a long month ahead for
in right now. you can see it from boston down through new york city to philadelphia. mostly snow, just inland from the coast and mostly rain right on the shorelines. several problem spots. first of all, just south of boston. not only very windy but a big storm surge coming in there later this afternoon. and again at high tide later tonight. also out on the eastern tip of cape cod, out towards nantucket, winds already to 55 miles an hour likely to gust to 60. so some damaging winds there. then there's that new york city vicinity area in terms of the snow. it's a big wild card because we're not sure it is going to change over to complete snow in flos flosh new york. if it sticks, it will bring down more tree limbs and cause more power outages. there will at least be scattered power outages all over again coming in to the northwest suburbs of new york and up into new england. that's the very least. we'll be watching this every step of the way throughout the course of the afternoon. >> we do not need this. thank you very much. appreciate it. >>> courtsny reagan now with a "market flash." >
to offer limited service at laguardia tomorrow. in washington, boston, newark, and new york's john f. kennedy, airport operations are returning to normal. flightaware estimates 2,800 flights were canceled today, down from a peak of almost 8,000 on monday. tomorrow, 530 flights have been officially scrapped, but that will grow, if as seems likely, laguardia has trouble opening tomorrow. add it up and airlines took a big hit from sandy. >> you can multiply 18,000 canceled flights by a few tens of thousands of dollars in revenue per flight and you're well north of $100 million in lost revenue. some of it they will be able to recover by flying flightmore full over the next week, but a lot of it is gone. >> reporter: if it rolls on the ground, recovery will take longer.mo amtrak is providing limited service south and north of new york. but it gave no estimate for when flooded tunnels will be cleared and service restored into new york's penn station. darren gersh, "n.b.r.," washington. >> sie: the crippled transportation system is a big headache for feiex, joining us paul tronsor. he runs
-lived investments, in cases like boston, cincinnati, or cleveland, they were never allowed and all of a sudden they will now be. we go into those markets irrespective of what we see in the markets today. if there were to be a fiscal cliff event, we may slow the pace of activity in las vegas. >> do you still think the u.s. is one of the best places to invest? >> i still do think it is. but if you asked me that a couple of years ago, the rest of the world had growth, but, fortunately, the u.s. has come back. with the right medicine in this country to cure the economic circumstances, the united states economy could become one of the most dynamic investment areas. >> suzanne: the other issue that came up in the election is taxes. if they go up, what does that mean for your costumers in your business? >> an increase in taxes in the new administration is a bad idea for the american economy in every respect, and certainly for my costumers. the country is very weak. the economy is very weak. the consumers' household budgets are very weak. this is not a time for an increase. >> suzanne: how would you d
headquarters and hampton pearson is at governor romney's headquarters in boston. phil you kind of got to stay home, don't you live there and poor hampton we had to send him there. you got the better deal, we'll start with you, phil. >> or not. >> we lost a little bit of phil lebeau's sound there. >> you know what, i could have gone to hampton first anyway and he's the one that traveled further, i should have just to defer to you, hampton. hopefully we can hear you. why don't you start. >> reporter: how are you doing, joe? number one the polls just opened a few minutes ago in boston, massachusetts, expecting something like a 70% turnout. governor romney wrapped up his last full day of campaigning in manchester, new hampshire, the four electoral votes are really up for grabs between him and president barack obama. romney basically reminding folks that this is where his campaign began 18 months ago, and making one last plea for their votes today. >> and tomorrow, your votes and your work right here in new hampshire will help me become the next president of the united states. >> reporter: now mit
partner at bullish in capital down from boston. glad you are here. what does this mean? apple down 20%. microsoft down 12% from a time. does that mean the demand is not there. >> the entire supply chain has contracted and it is hurting everyone, the semiconductors, everyone. tracy: now one wondering recession often times you hear an analyst save by consumer staples and tech because it is an armed. you are not saying so much. >> at a large cap and madcaps levels they had a tough quarter. it is the toughest quarter since 2008 crash but the youngest companies are coming up showing good growth and performing better. tracy: next step is to go public. but we have seen facebook get clobbered in the ipo market. what happened? >> those are bellwether big names that had a tough time but underneath there are smaller companies less known that of don well like guide wire software but they perform pretty well in the aftermarket. tracy: is it getting better? at 2010 levels in the ideal market now. >> it is very tepid. if you are thinking of going public, your stock gets crushed and you are looking f
apparently mentioned baltimore and boston as a real opportunity. year to date the stock is sold off, but they're trying to expand. they opened the horseshoe casino in cleveland getting a lot of attention. today the stock is jumping a significant amount. not bad. stay tuned. much more ahead. after the bell coming up, and lots of earnings, including delta and will they glean more market share away from h-p, apple, or lose it? that is the big question. david: not good. liz: what is the good one? david: seven is great, double sexes is not bad. does not the only one. it will be talking about a gap, whether consumers are doing okay or not. we are seeing slowdown's all over. europe is and an official recession according to there standards. let's go to a nicole petallides at the new york stock this change. the overall global economy is casting kind of a pall over the market, even though we are managing to do pretty well at the end of the day. >> reporter: we have come back. low with 12,500. high was 12,600, but you noted the global economy still being very fragile. weekly jobless claims more atrociou
and atmosphere is like in boston for governor romney's campaign headquarters. for that we go to hampton pearson. >> reporter: how are you doing, phil. mitt and ann romney voted a few moments ago here in boston. a bit of an irony. no expert or citizen expects romney to carry massachusetts, his home state. experts say he'll be lucky if he matches 36% that john mccain got four years ago when he ran against barack obama. it's not just the fact that massachusetts is a state that tilts democratic. frankly voters here have similar complaints to what has been heard nationally about the former governor. >> i don't think there's a mystery about mitt romney. i think the united states is learning what we learned here. we're never exactly sure if he means what he says and how long he's going to stick with it. >> reporter: the real action in massachusetts is the dead heat contest for the senate between scott brown, the republican, and elizabeth warren, the democrat. voter turnout could top 70%. some 3 million plus votes being cast in one of the most closely watched senate races in the country that could very
.i.e. they have v heavy rain for the cape, but boston a bit of a dry area. but the damage already done. look at these snowfall totals. central new jersey over a foot of snow. everywhere here in the light pink shading is 3 to 6 inches of snow. and new york city coming in just over 4 inches which was the earliest 4 inch snowfall ever on record for the city. beating that old record by over a month -- or i should say about a month. heavy snow continued across connecticut and so we're continuing to watch that area. but the snow that's already on the ground was blowing around, as well. still 20 to 30-mile-an-hour wind gusts. these are the peak winds we saw near 70 miles an hour near nantucket. everyone else closer to 40s in the mile per hour range. but that's enough. for the advisories that are still out there, connecticut into rhode island, we're still watching winter weather advisories and winter storm warns. and that continues up the coast into new hampshire and maine where the snowfall totals quite honestly won't be as big. switching gears a little bit, i know there's a lot of natural gas and
at obama headquarters in chicago. hampton pearson is with the romney team in boston. but phil, we will start with you. >> andrew, good morning. it's only been a couple of hours since president obama gave his victory speech here at mccormick place. and that speech a lot of people were looking at and said did it set at least initially the tone for his second term in office. during the speech, he talked about the country coming together and ending the divisiveness that has been typified by the campaign over the last several months. in particular, he made mention about the deficit and coming together to work on solving the deficit, and more importantly, the republicans and democrats finding some solutions. >> whether i earned your vote or not, i have listened the you. i have learned from you. and you've made me a better president. and with your stories and struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> president obama will return to the white house later this afternoon. he spent last n
things going on here. satellite actually looks qui fret boston to buffalo. d.c. travel weather pretty easy today. that area of low pressure off the southeast coastline, at least spreading some showers on toward north carolina and this disturbance pushing at least a few clouds in towards chicago. on the radar, doesn't look like very much. lightning trackers not picking up any lightning and as it makes its way across the eastern edge, a lot of the showers likely to fall apart. chicago maybe a little drizzle today. that system off the east coast will slowly drift further away, but it is pushing a lot of water in towards the edge of the outer banks. highway 12 had issues, had to close a couple times. much of the activity will remain off the coast. still will deal with some of those winds. it's limited as the effect of it, but still talking winds at 20 to 30 miles an hour range with some higher gusts. just to the north, could see a few showers. but d.c. itself, new york, boston, temperatures in the 40s with sunshine in the area. tuesday, a beautiful set up there, as well. even travel wise,
:45. went home, finished some homework. and then i just came out again at 2:45. >> jpmorgan's matt boston is scouting multiple locations throughout the company. they said they were nice lines but fewer than what they saw last year. he also thinks macy's is the clear winner. from a mall in long island, they say traffic early stronger than last year. citi says target's electronics door buster deals did drive generally strong traffic. deutsche bank says crowds at walmart and target have been strong. while black friday will likely be a success for retailers, he doesn't believe it will be a game changer. customer growth partners craig johnson says generators at home depot and lowe's on the east coast sold out within 20 minutes. a bit of a different door buster type of deal. however, not entirely surprising with what we've just gone through with sandy and the upcoming winter. home depot shares trading at 12-year highs. lowe's at 5-year highs. google says when it comes to shopping related searches, jcpenney christmas is coming in number one, followed by walmart black friday card and home depro b
from the jersey shore through long island. serious coastal flooding south of boston and down toward cape cod. what about the snow? there's a cold pool of air over southeastern new york into northeastern pennsylvania that will get sucked down toward the new york metropolitan area this afternoon. that's where the big wild card is. we know several inches of wet snow will pile up somewhere in new jersey up through southeastern new york to the northwest of new york city. what about the city itself and western long island, southwest connecticut, where the trees have leaves on them. why is that so important? we're just recovering in that vicinity from the power outages now. when trees get leaves and snow falls on those leaves, it brings downed branches and starts a new round of power outages all over again. we'll know much more in the next couple of hours as precipitation first moves in and we'll play it throughout the afternoon step by step to see how it's going to pan out. >> all right. thank you so much for that. todd gross back at headquarters. today is back to lining up defensive play
factor right now especially close to new england. i'm south of boston. take a look. you have the boats in the water and that water is churned up. the winds consistent, 30, 40, close to 50 miles per hour sustained. over the last several hours. seen gusts still clocking in at 60 miles per hour. we had a report out towards the cape of 60 miles per hour and nantucket with a peak wind gust of 68 miles per hour and seeing reports with the consistent winds of some coastal flooding including high water over the roads in nantucket. a few trees down and led to scattered power outages. you can see behind me, higher water this morning and we are now not at high tide and not seeing the stray come up and over. that was a concern, as well. when's interesting about this storm is winding down and pulling away, wind is still going to be such a huge factor. easing winds means 20 to 30 miles per hour as we get in to the evening opposed to 40 or 50 miles per hour. but that's going to be the case even going through the end of the day today. snow not so much an issue along the coast. it's been the wind and t
disappointed when i went to work for the mayor of boston 45 years ago, i was told seriously, hey, kid, there's one thing you you got to remember. you never write when you can talk, you never talk when you can nod, and you neff nod when you can wink. and why these two very intelligent men were sending these embarrassing e-mails is absolutely baffling. >> a lesson for all of us to remember. so remember to wink nod and -- >> is he right, is there anything more than to this than just the exposure of a public figure's sex life? >> the question is whether there were see credit s secrets exposed. >> it's maybe not so much about the affair about the issues this benghazi that were raised and who whole other series and the loss of support. it's a pretty interesting piece worth reading. >> futures are indicated higher after the markets closed down again. indicated up about 34. in europe this morning, we've been taking a look and seeing at this point at least some modest red arrows. declines of the ftse at this point down by about 19 points. cac off by five. germany, the dax down by half a percent. an
. bill is a friend columnist at "forbes," a boston-based venture capitalist. i like to read just about everybody you write, bill. welcome. viewers, be careful. he's a self-proclaimed libertarian. tell me and tell sully a bit about your article that we all found so interesting about why you should never discuss politics at thanksgiving tables. >> thank you, rick and happy thanksgiving. it's a minefield with family and friends if you're a bit of an outlier. i live in boston and am -- one of the things they're not used to is someone who disagrees with their opinions. they're so used to arguing with strawmen that when they get up against somebody who has thought through issues is a bit of a stock. really warm people, great hosts, i was surronalded by college professors for the evening. the evening did start out slowly, and i did try to hold my tongue. they were congratulating themselves for being so smart. it ended up becoming quite lively by the end of 9 night. >> it always gets lively around my holiday dinner table as well, but at the epicenter of this was a debate about our constitution
. this is your classic fall, raw cold rain. and i guess we're due. boston, you'll see delays from this. the low ceiling certainly. a little bit in the way of wind. rain and low clouds cross parts of philly. behind that is pretty nice. mild across the midsection of the country. across the southwest, we're looking at some rain. it is the season for that as well. here are your temperatures, 41. i mentioned the miserable conditions in new york city. 58 degrees, a bit of a chill in the air in atlanta. los angeles, 80 degrees. boy. >> looks nice, doesn't it, man? >> that's nice. >> seriously, thank you, rob. congratulations. it's great news for you. >> thank you guys. see you in a bit. >> all right. 52 minutes past the hour. coming up, return of the jedi. a navy reservist surprises his little boy star wars style. it's going to bring a tear to your eye. come back. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. since ameriprise fin
with a philadelphia investment accounting firm, cook and dealer was bought by a boston financial firm, united asset management which ed eventually ran. from there he became chairman and ceo of delaware investments, a mutual management co. and next he was called in to run putnam investments in boston, even larger mutual-fund management firm that has experienced regulatory failings by the previous management. he righted that ship and eventually sold a good price for shareholders to large canadian financial firm. it was at that time we approach ed to run freddie. freddie and fanny, together with broader issues of u.s. government in housing finance is one of the major unfinished pieces of business in financial regulatory reform. is clearly an important issue. we have c-span here tonight filming this. ed has a unique perspective, the perspective of an experienced manager on the frontline and a most thoughtful public policy participant. this evening he is going to talk about where the g s es have been and what to do with them. my great pleasure to introduce ed haldeman. [applause] >> thanks so much for t
are at but if you have to connect from dallas to chicago or to boston and then you may have a problem. you should call ahead to find out whether or not your flight is affected. >> it is just awful. can you imagine that 20,000 flights were affected due to super storm sandy. a lot of these flights had just got to pick up from this and now they are dealing with problems and again. >> let's check out what we are facing in the bay area. >> we have just a little bit of rain as we head into afternoon. right now it is dry around the bay area and it is relatively clear. the chance for scattered showers will continue into tomorrow morning at we may pick up an isolated thunder storm. a lot of people have monday off due to veterans day and this may be the warmest day of the week. we are tracking this system just on the tip of northern california. this will continue to march his way south. >> we're still looking at a pretty good commute. the volume is starting to build. the san mateo bridge is still a good ride. the ride in the east bay is starting to slow down a bit. like traffic is still for the south bay p
and chief market strategist bell curve trading out of boston. >>> a quick reminder of what we are seeing on the agenda in the u.s. the new home sales report is out at 10:00 a.m. eastern. we'll see if it follows the optimism we've seen in figures of late. 2:00 p.m., the fed's biggest beige report. a slew of earnings, including tivo. >>> for all you car fans out there, the u.s. auto show kicks off this week with the l.a. auto show. nearly a million people are expected to check out some 50 new vehicle launches. electric and hybrid vehicles will be on display. california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this
. they bring in there and who has been with the boston globe for years. cheryl: while a market selloff would be the likely reason for falling off the fiscal cliff. joining us now is mark. you are a big dividend supporter. major selloff in the market. how are you feeling now? >> i still think dividends are the way to go long-term. we could get a selloff. one thing to keep in mind, there is an argument out there that this increase in taxes on dividends would really sink dividend stocks because that would make them less attractive. if you go back years, there have been many studies that have shown higher taxes on dividends have higher returns on those stocks and even the s&p 500. there is no historical correlation between lower returns on dividends. cheryl: at the same time, what we are seeing now is constitutional as you and i know. these have certain parameters they have to meet. the fear is they will have to sell out some of these dividend names. is this bad for shareholders? >> in the short term, it definitely is. for a long-term investor, it will create some great opportunities to get in w
to about 40. and boston staying in the 30s. tonight, of course, big event in rockefeller center. temperatures will be in the 30s. breezy but clear skies. nearly a full moon outside as well. the big storm we're watching is in the west. three storms, you can see them pin wheeling here out to the pacific. the rain is now approaching into san francisco. northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we g
27 minutes at 11:30. we'll start with the markets. art hogan joins us from boston. good morning to you. >> good morning. >> is this what you expected? china pmi decent. not sure if people expected 1% out of that. >> it's interesting. we've seen an improvement over the last month or so in the economic ad calendar across the board. while that's happening, we're seeing real sloppy earnings season. the contradictions here are loud and clear. what i think we're seeing, the fact we went from june to september. since then, we're getting back about 4% on the s&p, about 6.2% on the nasdaq. we've had a bit of a correction into this earnings season and didn't expect better than expected numbers out of china for sure, but the consistency out of the improvement was catching everybody by surprise and probably portends something for tomorrow's job numbers. >> given the fact that not every trading desk is fully staffed, who know what is d order flow is like given what's normal. that niese numbers at the dow, even the s&p's may not be accurate, relative to sentiment? >> it's interesting that you
, so be patient out there. and then boston, seattle, mostly minor. los angeles, no issues to speak of. a little marine layer, but you should be just fine. let's pitch it back to you you. >> did you actually just run out to the set? did we catch you? >> a little bit kind of sort of, but not really. i was really intrigued by last block. we heard a little bit of corduroy the bear and the societal collapse. >> sorry. >> are you kidding me? i was terrified last block the stuff we were hearing. >> zombies. >> search government preparation for zombie attack. where are you based, are you -- you're not in georgia, are you you? >> we're in atlanta. >> oh, good. that's where the walking dead takes place. >> you're exactly right. so we have got zombie patrol out right now and still looking for one of the zombies as the corduroy bear. love it. >> reynolds, go for the brain. p through the eyes. >> will do it. >> i like it, he plays with us. in sports news, monday night football, steelers winning their fourth straight by escaping with a 16-13 overtime win over kansas city. roethlisberger is like a g
markets, which are the first four markets we launched. d.c., new york, boston, and san fran. and the margin expansion in those markets beat even our prior estimates of where we might go. so the margins are continuing to expand as well. >> let me pick up on some of those metrics. a lot of people are very negative on the stock. i've got mkm partners. they think it will half in value to $4. they have a stock recommendation. on that question of margins specifically, you don't break out your fleet costs, do you? in the present environment, presumably you're making money, because that is theamic that, as you sell cars, they are -- it's a higher margin experience now than arguably it might be next year. >> there were three or four factors in our margin expansion, quite frankly. quite frankly, the vehicle sales and proceeds from sales was the smallest of the three or four i'm speaking of. so most of it came from improved utilization and other margins. we've dropped our costs quite a bit. we got into the asset-backed security markets half a year ago and rolled our entire fleet into t
looking at the chill here all across the northeast, boston, new york running just a little bit below average. we'll also be tracking some rain break out across georgia for this afternoon and tonight. >> in sports news, the los angeles lakers dropping an 84-82 decision by san antonio. the lakers are waiting for mike d'antoni to take over. he's recovering from knee surgery, but is expected to join the lakers this week. in other nba news -- does nbc cover the nba? >> no. >> no, not at all. but we could someday. >> abc disney family. >> it's hard for me to get excited about early season action in the nba. got to get to the playoffs. i can't wait for college hoops to start and i like that, but man, nba is tough. >> will you go to a nets game with me? >> no. >> can't bring yourself to go to brooklyn? >> they moved? the new york knicks are the only remaining undefeated team in the league. carmelo anthony's 25 points let the knicks to a 99-89 win at orlando. new york is off to its best start since the '93-'94 season. that season, the knicks went to the nba finals. i the like the idea of just
for what he does and real commitment. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates average 8%. and cook says the default rate sunday 5%. the fund teams with local economic developers to find the right start-ups. >> we have 250,000 entrepreneurs here in l.a. it has been said lay slay a small business capital of the country. and it is. >> check e-mail. >> edward is using his loan to open a storefront with plans to hire up to eight people. in an economy where traditional jobs and loans seem harder to come by, jim cook wants to support promising people scooping out a new path. >> while you have your ups and downs, you know, if you really loved what you do, you never work a day
attention to secondaries. they are working. >> bernstein cuts boston scientific. >> we don't talk about this group enough. there's been turmoil. st. jude, hard to keep track of them but this was a company on the move and they'll stop in its tracks. >> norfolk southern. bernstein says they may miss. >> they may make the quarter shows me tocoal may have bottom. yelp is a service people like. the best performer of the special media that i look at. other than linkedin obviously. we have a big show. i sound like ed sullivan. we have manny chirico and we have gary rodkin. >> kellogg's at a 52-week high. >> pringles is working. a major success for kellogg. >> we'll see you tonight, jim. when we come back, we have richmond fed, consumer confidence and also ahead, a holiday shopping trend that indicates men are the new women. "squawk on the street" back in a moment. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. [ male annou
are kind of drunk by thousand. >> i'll toast with them. >> are you up in boston? >> springfield, mass. mostly bonds. we specialize in corporate bonds, real estate. >> so what are you doing about the fiscal cliff? >> we think it's actually a good thing because it's addressing something in our country that's gotten out of control. step back the last five years, september 2007, we crossed $9 trillion in debt. thousand we're at $16.2 trillion to $16.3 trillion four years later. five years later. deficits of 1.25 trillion for the last five years. so we have a problem in our country that really needs to be resolved. we've become addicted to stimulus really through deficit spending, through 0% interest rates. >> how are you investing around this? >> we're comfortable investing in corporate bonds. bond spreads have tightened, but investors still being paid on a reasonable basis. we have structured products like clos. >> do you care if we go over the cliff? >> it's a concern, but i think it's actually not that much of a concern to me, no. >> so it's okay? >> we look at the fundamentals of comp
Search Results 0 to 35 of about 36 (some duplicates have been removed)